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Christina and David Romer review six lessons from Jerome Powell's monetary policy tenure as Fed chair

10d ago· 3 min readenInsight

Summary

Christina and David Romer review Jerome Powell's tenure as Federal Reserve chair (2018-2026), analyzing the monetary policy record during an eventful period that included a worldwide pandemic, government-mandated lockdowns, and extreme unemployment. The article draws six key lessons from Powell's monetary policy approach and decisions throughout his term.

Key quotes

· 2 pulled
Jerome Powell's tenure as Federal Reserve chair was unquestionably eventful.
Between February 2018 and May 2026, Powell faced a worldwide pandemic with government-mandated lockdowns and extreme unemployment, the highest...
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Christina and David Romer review the monetary policy record during Jerome Powell's term as Fed chair, and draw six lessons from it.

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